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Gomez Co. had beginning inventory of $1,700 and ending inventory of $1,300. The cost of...

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Accounting

Gomez Co. had beginning inventory of $1,700 and ending inventory of $1,300. The cost of goods sold was $4,100. Based on this information, Gomez Co. must have purchased inventory amounting to:

Multiple Choice

  • $5,400.

  • $4,100.

  • $3,700.

  • $7,100.

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